Security Federal Savings Bank
Status: | Inactive as of 11/16/1990 |
Pass Through Receivership Merger Conservatorship Institution Resolved | |
Successor Bank: | Western Commerce Bank |
Headquarters: | Security Federal Savings Bank 212 North Canal Carlsbad, NM 88220 |
Established: | 05/04/1990 |
FDIC Insurance: | 05/04/1990 |
FDIC Cert: | #33039 |
Charter Class: | Savings banks, state charter, supervised by the FDIC |
Total Assets: | $24,129,000 |
Total Deposits: | $29,731,000 |
History
1990-05-04 | Institution established: Original name:Security Federal Savings Bank | |
1990-05-04 | Acquired Security Savings Bank, FSB (31433) in CARLSBAD, NM | |
1990-11-16 | Acquired after government financial assistance and subsequently operated as part of Western Commerce Bank (18389) | |
1990-11-16 | Government conservatorship or bridge bank resolved. | |
1991-05-23 | Acquired Liberty National Bank (16544) in LOVINGTON, NM |